The house can sleep up to 32 guests and features onsite caretaker quarters, a maid’s quarters, a 25-metre pool, a championship tennis court, two jetties, a nightclub, a media room, a gym, a steam room, a four-car garage and a guest wing with eight bedrooms.

A separate family wing of the home includes the master suite with his and her bathrooms and walk-in wardrobes, plus bedrooms for the children.

The view from the outdoor entertaining area.

Mr Hay’s wife, Maribi Hay, said that while the family would miss the home, she took heart in knowing it would be enjoyed by someone else.

“Hayven is a place we wanted people to come and have a good time,” Mrs Hay said.

“I hope the new owners enjoy the home as much as we did.”

The kitchen and dining area of the home at 32-36 The Anchorage, Noosa Waters.

Mr Hay’s sister, Juliet Hugo, said selling the home was bittersweet.

“Donald loved that house,” she said.

“He was very happy when he was there.

“Every year he had a boys’ week, where up to 20 men would come and play tennis, golf, go boating and just enjoy each other’s company.

“We have had family Christmases, a 60th and other special occasions there.”

Inside the luxurious home at 32-36 The Anchorage, Noosa Waters.

Property analyst Terry Ryder of hotspotting.com.au regards the Sunshine Coast as the strongest housing market in Queensland at the moment, and one of the strongest in the country.

Mr Ryder said the region’s growth was being driven by infrastructure spending topping $20 billion.

Another high end property to hit the market in Noosa is a six-bedroom, eight-bathroom trophy home at 29-31 The Peninsula.

The Hollywood-style home is being marketed by Tom Offermann Real Estate and features a rooftop terrace, two pools, a tennis court, a climate-controlled wine cellar, a cinema, a gym, a games room and a bar.